High-Exposure Corner Development Opportunity (STCA)

Nelson Alexander Commercial is pleased to present this substantial 1,662sqm* corner landholding in the heart of Reservoir, offering exceptional scope for a multi-level residential or mixed-use development (STCA).

Comprising an existing medical centre (4 Rubicon Street) and a partially built home (1 Boldrewood Parade Reservoir), this substantial landholding offers a variety of uses: subdivide, redevelop or refurbish existing improvements (STCA).

Key Highlights:

• Substantial 1,669sqm* corner landholding
• Expansive 67m* frontage with high exposure
• Residential Growth Zone (RGZ)
• Ideal for multi-level residential/mixed-use development (STCA)
• Directly opposite Summerhill Shopping Centre (Kmart, Coles & specialty retail)
• Route 86 tram at the doorstep
• Surrounded by schools, parks and major arterial connectivity

Set within the Residential Growth Zone (RGZ), the property is ideally suited to capitalise on Reservoir’s continued population growth and infrastructure investment, providing developers with scale, profile and long-term upside in one of Melbourne’s most dynamic northern corridors.

For more information contact exclusive agents Nelson Alexander Commercial.

Note: The advertised price is exclusive of GST. GST is applicable to the sale and will be payable by the purchaser in addition to the purchase price
*Approx.